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Old 01-25-2006, 01:42 PM
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jmjj215 jmjj215 is offline
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Default Re: Reducing the Self-employment tax

Ah, so in reality I'm looking at 25% of my wages from the scorp + 3% of that 25% as my maximum deductible contribution. The 3 percent would be deductible from the scorp, and the 25% would be a for-AGI deduction on my 1040 as an employee..

Thanks for all the info!
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